$75 Million
$50,000
13.0%
2.0%
Ameristar Financial Corporation is a Diversified Financial Services Holding Company Based in Ballston Spa, New York.
Our services include originating and servicing private mortgage loans, renovating bank-foreclosed homes, providing property management services and handling real estate sales.
Liquidity and Exit Strategy
Membership Interests
Trading Restrictions
The Fund’s Membership Interests are not publicly traded and have restrictions on sale, transfer, or disposition.
Investment Commitment
Duration
Members commit to investing for at least 24 months; early withdrawal is possible only in cases of Undue Hardship, subject to Fund Manager approval and a 5% withdrawal fee.
Withdrawal Terms
and Limits
After 24 months, Members can request withdrawals with 90 days’ notice, limited to 25% of their Capital Account per quarter.
Impact of Returns on
Member Decisions
Members are likely to stay if the Fund meets its Preferred and Annual Target Returns.
Single Family Rentals . Multi-Family Rentals . Mixed Use Properties . Commercial . Mill Conversions . Single Family Rentals . Multi-Family Rentals . Mixed Use Properties . Commercial . Mill Conversions
Assessment of Borrower
and Property
While all lending considerations should include a borrower’s credit history, income, employment, and cash reserves, private lenders prioritize assessing the income generated by a property. They mitigate risk by offering shorter-term loans with lower loanto-value (LTV) ratios compared to traditional lenders.
Diverse Portfolio
Diverse assets offer varied borrower, collateral, loan term and location exposure.
Professional Management
Loans are professionally managed for collections, taxes, insurance and defaults.
Compliant Underwriting
Underwriting follows common sense
and legal standards.
Target Market and Opportunity
Our Service Providers
